Member Info for Whiskyman01

Many holders of QED, perhaps a majority, would welcome a buy out some way down the line when the share price has responded to commercial progress on the ground. As things stand, we are still a very high risk venture which is why our SP sits at roughly 2.5p.

Show the market signed LONO deals, fuel production and tolling agreements. Supply Morocco commercially, followed by commercial supply contracts with MSC then you might get a sniff or two from buyers looking for a relative bargain, but I doubt QED would be too supportive of an early sale, not when the scope is so huge for the company.

If QED get moving commercially, then they`re likely to do very well by virtue of having a unique solution to a Global problem, sought after by many/most heavy users of marine fuels.

What a time to buy your first shares in QED! The next 6 months will define our future one way or the other and I have to say its looking quite promising.

Msar is part of the proof of concept prior to lono, nothing changed from original announcement. Mac2 will produce both and Cargill supply both, eventually commercially.

HF14 on the importance of accuracy. A bit like Trump lecturing the world on the importance of telling the truth. The only thing saving you from the pain of embarrassment is your abject lack of personal insight.

HF14 correcting posters for being too negative in their assessment. How quickly the world can change!

Actually, Jason didn’t clarify that the commercial supply deal for site B was separate from other site testing. He listed it all together.

Think about it logically. A fuel supplier and the customer, will want to negotiate terms based on volumes required. They won’t know required volumes till all sites are tested and decisions made which will use msar. So the logical process is to complete all testing and then negotiate a commercial deal with the fuel supplier to achieve most favourable terms.

They’re obviously still keen so in the long run doesn’t really matter much as any commercial income from Morocco is too far down the track to help us in the short term. News of confirmed testing elsewhere in Morocco will be a sure sign we’re heading for a good commercial deal.

Nope, I’m a realist. You’ve been spouting this rubbish for months now, culminating in the emoji show today. What are you, 12?

I doubt you know much of QED history, it helps keep your feet on the ground.

You could do with a good dose of reality too!

What a ramping desperado! Nobody can see that the trial “is going ahead” that’s your personal opinion based on nothing other than your own wishes. There are “required” agreements still to be signed before any LONO can take place, not least of which is a tolling agreement between QED and Cargill.

Holders have good reason to feel more confident today, but nothing is happening for definite until all agreements are signed. That’s the facts stock cheque. Now put your mouse away and cut the ramping BS.

I’d say having agreements passed to the legal teams for completion qualifies as “so close you can smell it”.

What they do and say is anyone’s guess but ultimately they will all be working to create an agreement they can sign up to. Jason was under huge pressure at the agm, all of it justified, so it should come as no surprise he may have gilded the lily a little in terms of when to expect an agreement. Don’t condone it, but it probably explains the “delay”.

I’ve no doubt that should we get the news we expect and hope for, some if not all the posters below will take part vigorously in the £1 party thread.

Be careful, true colours starting to pop through there!

You tell them, I blame Stopped cheque!

You should give that shareholder from Beccles a call HF14, you both seem to be tarred with the same brush of stupidity.

Then what? Andy Morrison capitulates and spills the beans to you. HF14 comes back to the LSE board and makes a stunning announcement? Doubt it.

Stock cheque and moral compass, two things I never expect to see in the same sentence.

Because it becomes an endless doom cycle. What’s the point of that? Any longish term holder knows the history and failed targets. Dragging up the obvious negatives at times like these only helps those who wish to see the SP sink.

Criticism of JM is perfectly valid and deserved often, I just don’t see what’s to be gained right now for LTH? I can’t see any benefit.

If what you’re looking for is somewhere to vent your spleen then maybe a long wet walk will do it.

Not strictly true Tony. We’ve been told the “agreements” are with the counter parties lawyers. Agreements, I would say is a definitive term for an agreed set of actions between the various parties which has since been passed to their lawyers to formalise into a binding contract.

The deal has been agreed at management level, it is now being “finalised” at legal level. What issues if any materialise at this stage is beyond our line of sight or guessing powers.

Below is a transcript of Jason talking to Proactive on the morning of the AGM, 27th November 2023. The key part is the last few words where he talks about the commercial supply agreements for the trial and beyond. Quite clear I`d say that there will be commercial supply built in to the agreements in some form, ie providing LONO and project milestones are achieved etc, then a deal to supply X tonnes is applicable.

"The agreements that need to be put in place to cover the trials for biomsar and msar are expected to be concluded next month and they are with MSC, a major trading company, and a terminal operator with a view to obviously providing commercial supply both for the trial and then beyond.”

A Morocco agreement at this stage would be a huge step forward, however it’s possible the supplier is the same as for the LONO trial, so wait and see I guess.

Lol

It’s clear who Mr Loopy is on this board Stock Cheque. Unlike the rest of us, you can blame it on your alter-egos, have a word with them, in private.

Further to a recent discussion regarding the likely scope of the upcoming LONO agreements, the following quote from question 17 AGM Q&A gives a clearer picture of intent between the parties. Everything about LONO is to achieve commercial supply and deliver it to MSC and whoever else wants the fuel. These agreements can only come into play when LONO or perhaps interim LONO has been achieved.

"As outlined in the pre-AGM update RNS, we are already in live discussions with a major trading company and a NW Europe terminal regarding supply to MSC and others once the MSC Leandra trial is progressing..."